STARTUPS: GOVERNMENT SCHEME & BENEFITS
The major question what comes to our mind before initiating anything is what would this benefit me? This article answers the above question for those who want to “Startup”. BACKGROUND About Startup India is a flagship initiative of the Government of ...
Read MoreSEBI further relaxed timelines for compliance by Issuer/RTA and Participants
Aim: Prevailing situation due to COVID-19 pandemic and representation received from the Depositories Source: SEBI Circular No.SEBI/HO/MIRSD/DOP/CIR/P/2020/112 dated June 30, 2020 (https://www.sebi.gov.in/web/?file=https://www.sebi.gov.in/sebi_data/at...
Read MoreICDR Amendment Regulation – optional pricing
Aim: Additional option for pricing in case preferential issue. Result/Impact: After this amendment, in case of frequently traded shares, the price of the equity shares to be allotted pursuant to the preferential issue shall be determined by Reg. 164 ...
Read MoreTakeover Code Amendment – Escrow amount in case of indirect aquisition
Aim: Security & transparency for stakeoholders of a company including shareholders. Result/Impact: 1. In case of indirect acquisitions where public announcement has been made in terms of Reg. 13(2)(e), 100% of the consideration payable in the ope...
Read MoreDistressed Assets Fund – Subordinate Debt for Stressed MSMEs
Aim: To implement scheme of subordinate debt to stressed MSMEs under Atmanirbhar Bharat Abhiyan. Result/Impact: As the credit facilities extended under the above scheme are backed by a guarantee from CGTMSE, as a special dispensation, it has been dec...
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Exiting the Business
Fast Track Exit (FTE) (STK) Voluntary Winding Up Compulsory Winding Up Mergers/Amalgmation etc.
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